SINGAPORE, Dec 30 Gold was little changed on
Monday, heading for its biggest annual loss in more than three
decades, as firm equities and the prospect of a recovery in the
global economy stole its shine.
Gold is set to end a 12-year rally ignited by rock-bottom
interest rates and measures taken by global central banks to
prop up the economy, which have encouraged investors to put
their money in non-interest-bearing assets.
* Gold added 0.03 percent to $1,213.20 an ounce by
0029 GMT, down sharply from record highs above $1,900 in 2011,
when a worsening debt crisis in Europe sparked a buying rush.
* U.S. gold slipped 0.11 percent to $1,212.70 an
* SPDR Gold Trust, the world's largest gold-backed
exchange-traded fund, said its holdings fell 0.37 percent to
801.22 tonnes on Friday from 804.22 tonnes on Thursday.
* For the top stories on metals and other news, click
* Asian markets looked to run out the year with a flourish
on Monday, with Japanese shares again set to lead the way as the
yen skidded to fresh lows for a third straight session.
* Indian gold futures edged lower on Friday as the rupee
firmed up against the dollar.
1500 U.S. PENDING HOME SALES FOR NOVEMBER
1530 DALLAS FED TEXAS MANUFACTURING INDEX FOR DECEMBER
Precious metals prices 0029 GMT
Metal Last Change Pct chg YTD pct chg Volume
Spot Gold 1213.20 0.39 +0.03 -27.55
Spot Silver 20.08 0.05 +0.25 -33.69
Spot Platinum 1367.50 -4.00 -0.29 -10.91
Spot Palladium 709.25 1.50 +0.21 2.49
COMEX GOLD FEB4 1212.70 -1.30 -0.11 -27.63 1490
COMEX SILVER MAR4 20.11 0.06 +0.28 -33.66 2506
COMEX gold and silver contracts show the most active months
(Reporting by Lewa Pardomuan; Editing by Subhranshu Sahu)